HSN code and rate of tax

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....SN code and rate of tax<br> Query (Issue) Started By: - Bharat Cholleti Dated:- 8-12-2020 Last Reply Date:- 12-12-2020 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>Dear sir, Rate of tax and HSN code of Groundnut Husk Reply By Rajagopalan Ranganathan: The Reply: Sir, According to Sl. No. 81 of Notification No. 02/2017-C.T. (Rate) dated 28.06.2017 as amended only &quot;Ground-nuts, n....

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....ot roasted or otherwise cooked, whether or not shelled or broken, of seed quality&quot; falling under heading Ni. 1202 is chargeable to &#39;Nil&#39; rate of gst. According to Sl. No. 65 of Notification No. 01/2017-C.T. (Rate) dated 28.06.2017 as amended &quot;Ground-nuts, not roasted or otherwise cooked, whether or not shelled or broken other than of seed quality&quot; falling under heading No. ....

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....1202 is liable to CGST @2.5% and SGST @2.5% if the supply is intra-state or 5% IGST if the supply is inter-state. Since Groundnut husk emerges during the processing of groundnut it cannot be treated as an agricultural product and the same is classifiable under heading 1202 and liable to gst @2.5% or 5% as the case may be. In my opinion, since there is no entry for waste arising during processing o....

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....f groundnut the same is classifiable under heading 1202. Reply By Bharat Cholleti: The Reply: Thank you sir Reply By KASTURI SETHI: The Reply: I am also of the same view as opined by Sh.Ranganathan, Sir. Groundnut is classifiable under Chapter/Heading/Sub-heading No.1202 4290<br> Discussion Forum - Knowledge Sharing ....